PIZ vs. DSTX
Compare and contrast key facts about Invesco DWA Developed Markets Momentum ETF (PIZ) and Distillate International Fundamental Stability & Value ETF (DSTX).
PIZ and DSTX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PIZ is a passively managed fund by Invesco that tracks the performance of the Dorsey Wright Developed Markets Technical Leaders Index. It was launched on Dec 28, 2007. DSTX is a passively managed fund by Distillate Capital that tracks the performance of the Distillate Fundamental Stability & Value Index. It was launched on Dec 14, 2020. Both PIZ and DSTX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIZ or DSTX.
Correlation
The correlation between PIZ and DSTX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PIZ vs. DSTX - Performance Comparison
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Key characteristics
PIZ:
1.11
DSTX:
0.61
PIZ:
1.70
DSTX:
1.09
PIZ:
1.23
DSTX:
1.14
PIZ:
1.45
DSTX:
0.90
PIZ:
6.94
DSTX:
2.26
PIZ:
3.46%
DSTX:
5.30%
PIZ:
21.02%
DSTX:
17.68%
PIZ:
-60.61%
DSTX:
-34.02%
PIZ:
-1.18%
DSTX:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with PIZ having a 16.07% return and DSTX slightly lower at 15.40%.
PIZ
16.07%
9.04%
11.60%
23.13%
12.76%
6.19%
DSTX
15.40%
8.34%
10.73%
10.66%
N/A
N/A
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PIZ vs. DSTX - Expense Ratio Comparison
PIZ has a 0.80% expense ratio, which is higher than DSTX's 0.55% expense ratio.
Risk-Adjusted Performance
PIZ vs. DSTX — Risk-Adjusted Performance Rank
PIZ
DSTX
PIZ vs. DSTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Developed Markets Momentum ETF (PIZ) and Distillate International Fundamental Stability & Value ETF (DSTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
PIZ vs. DSTX - Dividend Comparison
PIZ's dividend yield for the trailing twelve months is around 1.60%, while DSTX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIZ Invesco DWA Developed Markets Momentum ETF | 1.60% | 1.68% | 1.86% | 2.04% | 1.01% | 0.37% | 1.58% | 1.06% | 1.30% | 2.21% | 1.09% | 1.61% |
DSTX Distillate International Fundamental Stability & Value ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PIZ vs. DSTX - Drawdown Comparison
The maximum PIZ drawdown since its inception was -60.61%, which is greater than DSTX's maximum drawdown of -34.02%. Use the drawdown chart below to compare losses from any high point for PIZ and DSTX. For additional features, visit the drawdowns tool.
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Volatility
PIZ vs. DSTX - Volatility Comparison
Invesco DWA Developed Markets Momentum ETF (PIZ) has a higher volatility of 4.96% compared to Distillate International Fundamental Stability & Value ETF (DSTX) at 4.17%. This indicates that PIZ's price experiences larger fluctuations and is considered to be riskier than DSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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